Pfizer to acquire rival Wyeth for $68 bln, cut jobs (AFP)

US drug manufacturer Pfizer Inc. will acquire rival Wyeth for 68 billion dollars, making it the largest pharmaceutical takeover deal in nearly a decade(AFP/Pfizer/ho)AFP – Pfizer agreed Monday to acquire rival Wyeth for 68 billion dollars, helping the world’s biggest pharmaceutical firm diversify as it prepares for the expiration of patents on its blockbuster drugs.

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